Phil Lewis, head of risk and compliance at Source Insurance, explores how firms can ensure they are meeting the FCA's expectations while preparing the first Consumer Duty board...

The regulator says his misconduct "put the market and investors at risk".

The ‘closed book’ phase of the Duty comes into force at the end of July.

16 trade bodies have also written to the regulator opposing the plans.

Daniel Holden, head of Air’s Academy Learning Programme, outlines the importance of understanding best practice considerations that advisers should take when exploring later life...

The FCA has proposed identifying firms at the outset of an investigation.

The partnership comes as the FCA continues its review of how firms approach and treat customers in vulnerable circumstances.

FCA is also consulting on extending the rules to portfolio managers.

The FCA said it has identified additional learning as a result of the complaints investigation.

Non-financial misconduct is still a major issue for financial services, the FCA director said.